Subrata Panda And Shrimi Choudhary

FIR against PMC Bank brass puts loss at Rs 4,355 cr

Police FIR reveals the bank had replaced 44 loan accounts of HDIL with 21,049 fictitious loan accounts. These 21,049 were actually not created in the core banking solution of the bank, but were mere entities in the advances master indent submitted to RBI for conducting its inspection for the year ended March 2018.